Ariana Resources Share Discussion Threads

[bigglesbingham] 30/6/2021 20:03

People sometimes don't care particularly if they were crystallising multi million pound inheritance for example.

[a.fewbob] 30/6/2021 17:18

We all know Kerim isn’t the problem.

If this mine was in Canada we’d be laughing.

I’m not worried though. We are sitting in a great producing mine and in the meantime Kerim is derisking the company by broadening out into Cyprus and Eastern Europe.

[charles clore] 30/6/2021 17:11

Biggles this should already be in double figures with a low cost producing mine and probably over £10m in the bank after the dividend is paid so no fundraising requirement until Tasvan goes into construction and even then it will probably be completely debt financed. The seller must be crazy imho to continue dumping with the divi coming in less than a month's time!

[renniks2016] 30/6/2021 17:05

When the penny drops, this will blow! simples, could be suffering from too good to be true syndrome. Another piece of the jigsaw in place, what a master stroke by KS, putting in a new mill before the resource and grade increases, start ramping up to 500,000 tons with a years supply at its mouth, sprinkle in some 12-15g/t and hey presto, you have 40-50k oz per year! and thats without Tavsan. ;) Anyone who doesn't think he knows what he is doing, need to take a good look at what he has said he'll do, and compare that to what he has done, pretty good coloration I say. well done all, patience is a virtue.

[a.fewbob] 30/6/2021 16:59

Any first mining gold fans here?

Ariana, First mining gold and first majestic are the backbone to my portfolio.



Short vid on First mining. It’s a really really good prospect.

[a.fewbob] 30/6/2021 16:56

FFS what does Kerim have to do!!!!???

[tnt99] 30/6/2021 16:35

All this good news filtering through and a large dividend in the offing why is this share price stuck it seems way undervalued to me when there are other gold companies out there that make a loss and have much higher market caps crazy

[parvo] 30/6/2021 14:59

BB - I agree with regard to the seller; as you said it is a constant pattern.

[bigglesbingham] 30/6/2021 14:55

Genuinely think there's a seller being very particular re sells so as to maintain the current price for their residual holding. Once that clears and news flow picks up with dividend announcement then who knows !! Double figures to me is realistic short term goal with a sailing wind on results front

[zangdook] 30/6/2021 14:37

Has the company itself ever given any indication of the possible size of the dividend?

[konil] 30/6/2021 14:20

pure conjecture...if they announce special divi say 0.8p and peeps want in for the return they could bid the share price up to say 8p to buy in and still get a 10% return...there would then be the inevitable short term trading based on the move up and the exdiv-date etc. so could expect a dip and a shave on the return.

but a 10% return minus shave in a few weeks when its difficult to get more than around 1% p.a. on cash, or a divi of 10% elsewhere, would surely make people take note of aau and provide counter to perceived risks. one would hope so anyway.

the current range is immensely frustrating and with each good set of results makes the undervaluation more absurd. i guess the market just doesn't believe it currently. need some proper pr.

[kaos3] 30/6/2021 13:15

I did listen to you - thanks

[spangle93] 30/6/2021 13:10

i3e on a canter today, after their acknowledgement of the successful 2nd hearing.

Maybe the difference is that they've published an ex-div date and shareholders know how much the initial distribution will be (even though the first payment is only a small amount in comparison to AAU)

[bigglesbingham] 30/6/2021 13:05

Seen them today after a number of buys. The pattern continues

[kaos3] 30/6/2021 11:59

after a very long time I added quite some today. I hope for a momentuum to develop

[hjs] 30/6/2021 11:19

An excellent RNS. share price will move up slowly and surely. It is a small cap company hence it is taking time for others to realise the true value of this company. Another few months and we should see 6p without any trouble.

[d1g3y] 30/6/2021 10:29

Yet another solid brick in the foundation. Looks like it's going to take an explanation of the full design to get the broader market interested. Added a few more today

[bigglesbingham] 30/6/2021 10:24

Again excellent exploration results. Now apply this to Salinbas with the muscle to drill and exploit .... There you have the reason to bring in Ozaltin .

[konil] 30/6/2021 10:12

if they use ozaltin muscle to expedite the kepez north drilling then in conjunction with the soon to be doubled kizil mill capacity, the $$$ could start hitting the bottom line soon. maybe the jv could start making a cash impact sooner than initially imagined?

[mcmather] 30/6/2021 09:22

Be interesting to see whether further / additional veins are found ‘inside’ Kepez ala Kiziltepe; from top to bottom it covers a much greater area than Kiziltepe – figure 2 here refers:

[lottsgold] 30/6/2021 08:28

"Accordingly, our JV is looking at ways to expedite the mining of this area"Combined with the new ball mill this could be significant, great work by the team again.

[ironstorm] 30/6/2021 07:56

This is what we want. Looks like a quick in and outer.

[d1g3y] 30/6/2021 07:54

Fantastic news and fantastic RNS. Well done team

[shortarm] 30/6/2021 07:42

Yeah, seven times the grade at more than twice the capacity - astounding!!!